GROUNDFLOOR Finance Growth, Revenue, Number of Employees and Funding

Overview

Location:
Atlanta, GA USA
Total Funding:$13.8M
Industry:Fintech
Founded:2013
Lead Investor(s):Fintech Ventures
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • GROUNDFLOOR Finance's estimated revenue is currently $11.3M per year.
  • GROUNDFLOOR Finance received $4.2M in venture funding in September 2018.
  • GROUNDFLOOR Finance's estimated revenue per employee is $222353
  • GROUNDFLOOR Finance's total funding is $13.8M.

Employee Data

  • GROUNDFLOOR Finance has 51 Employees.
  • GROUNDFLOOR Finance grew their employee count by 6% last year.
  • GROUNDFLOOR Finance currently has 1 job openings.

What Is GROUNDFLOOR Finance?

Groundfloor is the first and only real estate lending marketplace open to non-accredited investors. Before Groundfloor, only accredited investors had access to the diversification, risk-adjusted returns & control available via private market investments. Groundfloor opens the door to short-term, high-yield returns backed by real estate. We bring together individual investors looking for short-term lending investments and borrowers looking for short-term financing for their specific real estate projects. The borrowers get access to more flexible, faster and cheaper capital than a traditional bank or a hard-money lender. Investors get access to short-term, high-yield investments offering returns that average over 10%. Since funding the first Groundfloor loan in 2014, thousands of individual investors have built their own portfolios of loans ranging in yield from 5% to 23%, on terms of 6 to 12 months, starting at a minimum investment of $10 per loan. Groundfloor earned a historic qualification by the SEC in August 2015 to sell private real estate debt investments to non-accredited investors. The company was founded in 2013 by Brian Dally and Nick Bhargava and is headquartered in Atlanta, Georgia. Our fast-growing team is on a mission to benefit individual investors and the investments they fund by reformatting and opening private capital markets to broad public participation.

keywords:Marketplace,Banking,Finance,Real Estate

51

Number of Employees

$11.3M

Revenue (est)

1

Current Jobs

6%

Employee Growth %

$13.8M

Total Funding

N/A

Valuation

N/A

Accelerator

B2B

Type

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GROUNDFLOOR Finance Funding

DateAmountRoundLead InvestorsReference
2013-10-28$UndisclosedUndisclosedBandwidth LabsArticle
2014-08-20$1.0MUndisclosedArticle
2015-12-10$5.0MAFintech VenturesArticle
2018-02-23$4.3MUndisclosedArticle
2018-09-21$4.2MUndisclosedArticle